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Here's your TNB Tech Minute for Friday, March 14th.

I'm Shara Tipkin for the Wall Street Journal.

Tesla is developing a cheaper SUV for

China. The electric vehicle maker hopes the new Model Y will help it regain ground it has lost to lower

cost Chinese rivals. Workers at Tesla's Shanghai factory are removing some features and simplifying

others. The aim is to reduce the Model

Y's production cost by 20% to 30%. That's according to people familiar with the matter. The current Model Y

starts at $36,400 in China. The people said Tesla will first sell the budget SUV in China

before bringing versions to the

U.S. and Europe. Tesla didn't respond to a request for comment. Next up, Foxcon expects strong

revenue growth this year. The Taiwanese company says it expects sales to rise in 2025 because of its

cloud and networking business. Foxconn is best known for assembling iPhones,

but it also builds artificial intelligence servers for tech giants like Amazon and

NVIDIA. About a quarter of Foxcon's fourth quarter revenue came from that business. Despite the

strong forecast, Foxcon's most recent quarterly profit fell short of analyst estimates.

And streaming services are giving YouTube creators a taste of Hollywood.

...